Planck is a technology company.
Planck has raised $55.0M across 3 funding rounds.
Planck has raised $55.0M in total across 3 funding rounds.
Planck has raised $55.0M in total across 3 funding rounds.
Planck's investors include 83North, Battery Ventures, Cyberstarts VC, Dell Technologies Capital, Goldman Sachs, Greenfield Partners, Partech Ventures, Vintage Investment Partners, Ariel Maislos.
Planck Technologies AS is a Norwegian startup founded in 2023 that develops cutting-edge materials for energy storage applications using advanced simulation techniques like computational chemistry and AI.[1] It serves B2B customers in the energy and greentech sectors, solving the challenge of identifying high-performance, efficient, and sustainable materials to enable cleaner energy solutions, with a current focus on bootstrapping and commercialization.[1] The small team (1-10 employees) has secured 3 happy customers and emphasizes industry experience to bridge material science with practical energy storage needs.[1]
Planck Technologies AS was founded in 2023 in Norway by Maryam Ghadrdan (Founder and CEO) and Hamid Mehdizadeh (Cofounder and Advisor).[1] The idea emerged from the founders' industry experience, targeting the commercialization of emerging materials technologies for energy storage through AI-driven simulations.[1] Early traction includes a diverse team with 6 nationalities, specialists like Tim Pongratz (Chemistry), business developers Kavya Penmatcha and Yasaman Khanshaghaghi, and scientific advisors such as MIT Professor Yang Shao-Horn and University of Toronto Professor Mohamad Moosavi, supporting rapid problem-focused development.[1]
Planck Technologies AS rides the global surge in sustainable energy storage, driven by electrification, renewable integration, and net-zero goals, where advanced materials are critical for next-gen batteries and grid solutions.[1] Timing aligns with 2020s AI-material discovery boom, accelerating R&D amid supply chain pressures for greener tech.[1] Market forces like EU greentech funding and Norway's energy expertise favor it, while its B2B model influences the ecosystem by enabling faster commercialization of AI-optimized materials, reducing reliance on trial-and-error methods.[1]
Planck Technologies AS is poised for growth through partnerships with energy firms, leveraging its AI edge to scale from 3 customers toward broader adoption in batteries and renewables.[1] Trends like AI-material acceleration and SDGs-aligned greentech will shape its path, potentially attracting funding post-bootstrapping as commercialization milestones hit.[1] Its influence may evolve by setting standards for simulation-driven energy materials, amplifying Norway's role in global cleantech and powering a more efficient energy future—echoing its mission to bridge science and sustainability.[1]
Planck has raised $55.0M across 3 funding rounds. Most recently, it raised $23.0M Venture Round in September 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2022 | $23.0M Venture Round | 83North, Battery Ventures, Cyberstarts VC, Dell Technologies Capital, Goldman Sachs, Greenfield Partners, Partech Ventures, Vintage Investment Partners, Ariel Maislos | |
| May 1, 2021 | $20.0M Venture Round | 83North, Battery Ventures, Dell Technologies Capital, Goldman Sachs, Greenfield Partners, Partech Ventures, Ariel Maislos | |
| Jul 1, 2018 | $12.0M Series A | Cyberstarts VC |